8022_not-searchable
/en/energi-og-industri/statistikker/osi/arkiv
8022
High stocks in industry
statistikk
2008-08-15T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles
en
osi, Index of orders in manufacturing (discontinued), new orders, order reserve, domestic market, export marketBusiness cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of orders in manufacturing (discontinued), Q2 2008

Statistics Norway has decided to stop the publication of the Index of orders in manufacturing from the first quarter of 2018. One reason for this was that the statistic previously was a part of Eurostat's regulation for short-term statistics, but this requirement was removed from the regulation in 2012. However, indicators for new orders and stock of orders are available in Business tendency survey for manufacturing, mining and quarrying.

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High stocks in industry

The volume of new orders received was somewhat lower in the second quarter of 2008 than in the corresponding quarter in 2007. The pronounced growth in the total stock of new orders now seems to have levelled out.

New orders and unfilled orders. Unadjusted. 2005=100.

The number of new orders received went down by 7.3 per cent from the second quarter of 2007 to the second quarter of 2008, but were at a high level historically. The fall was driven by a weaker development in the domestic market. The total stock of new orders showed an increase of 20 per cent in the same period, but the growth levelled out in the first quarter of 2008. Unusually high stocks within parts of the industry should still give room for a high level of activity.

Change in value for new orders received and unfilled orders. Per cent
 
Industrial Classification New orders received (trend)1 Unfilled orders (original series)
Q2 2007-Q2 2008
Q4 2007-Q1 2008 Q1 2008-Q2 2008
 
Total -12.8 -11.7 19.2
Basic Chemicals 3.2 -3.6 169.9
Basic Metals -16.0 -8.9 -1.7
Machinery and Equipment 17.8 11.9 29.6
Oil Platforms and Modules -36.3 -39.2 11.8
 
1  Estimated annual changes in trend series, based on change in percentage from previous
quarter, converted to annual growth.
 

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